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3315 Thomas Street

3315 Thomas Street, Memphis, TN 38127
Land in Frayser
3315 Thomas Street has been categorized by the local assessors in Memphis, TN as a type of property. The building on the property was first built in 1950 and is 76 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 100 stories. In addition, 3315 Thomas Street has 1,248 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,780 ft and across the front of the lot is 1,260 ft. The area measurement of the land has been determined as 25,359 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a .

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a . Moving on to the building itself. The condition of the building has been evaluated as . From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. The building has a style roof made of . The exterior walls of the building are made of . In terms of heating, it is utilizing and being fueled with . We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3315 Thomas Street sold most recently in May 18, 2017 for a total of $20,000. If you work out the math, that's approximately a cost of $16.03 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $48,581 in taxes each year. 3315 Thomas Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $7,975. If we break it down further, the land itself was valued at $1,425. Improvements to the property, however, were assessed at a total of $6,550. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20210809
08/09/2021
Loft
-
-
$370,000
bedrooms
Loft
bathrooms
-
-
-
LaJuana Miller
KAIZEN Realty, LLC


Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 12
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,359
  • Lot Size Depth Feet: 1,780
  • Lot Size Frontage Feet: 1,260
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRAYSER TERRACE
  • Land Acres: 0000000582
  • Standard Land Use Code: 1001
  • County Land Use Code: 062
  • Legal Description 1: NS FRAYSER CIRCLE N COR THOMAS ST NW

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 009902

Zoning

  • Zoning: R-6

Geography

  • District: O
  • Parcel: 06-9004-0-0092
  • Lot: 1
  • Municipality: MEMPHIS
  • Latitude: 35.2161
  • Longitude: -90.0312

    Address

  • Full Address: 3315 Thomas St
  • Address - House Number: 3315
  • Address - Street Name: Thomas
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: C004
  • 4-Digit Zip Code: 5906
  • Zip Code: 38127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $48,581
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 87,935
  • High Value: 109,807
  • Low Value: 66,062

    Market Valuation

  • Market Total Value: $31,900
  • Market Land Value: $5,700
  • Market Improvement Value: $26,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $7,975
  • Assessed Land Value: $1,425
  • Assessed Improvements Value: $6,550

    Sales

  • Current Sale Contract Date: May 18, 2017
  • Current Sale Recording Date: May 23, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17051802
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Frayser - Raleigh PD



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Frequently Asked Questions

What neighborhood is 3315 Thomas Street located in?
The 3315 Thomas Street is a land located in the neighborhood of Frayser in Frayser - Raleigh PD, Memphis.
What is the average sales price for listings in 3315 Thomas Street?
The average sales price for units in 3315 Thomas Street is $0 currently.